Until the first half of February 2022, the total value of pangasius exports to the EU reached 20.2 million USD, up 40.2% over the same period last year. This is the most optimistic growth after many months of stagnation or plunge.
Currently, the Netherlands, Belgium, Germany, and Spain are the 4 largest pangasius export markets in the block of Vietnamese seafood enterprises, in which, the Netherlands is the largest market, accounting for 36.6% of the total export value to this market.
Over 10 years ago, the EU, as our traditional partner, was the largest pangasius export market of Vietnam. However, after reaching the "golden" time in the years 2016-2018, pangasius exports to the EU began to level off and gradually declined.
After being affected by Covid-19, many importers said they faced financial difficulties because the demand for white fish, including pangasius, in many markets of the region had not expanded, while logistics costs, transportation costs, etc., increased significantly. Many EU customers have actively requested to reduce the order quantity, cancel or postpone orders that have already been or are about to be signed. In addition, FOB importers face difficulties due to high sea freight costs, hence although pangasius prices in the EU are still stable, many importers are hesitant to purchase.
Due to higher demands from EU customers, while the repurchase price is not very attractive, in 2021, many enterprises which once had a competitive advantage when exporting to the EU moved to other markets such as China, Mexico, Brazil, Egypt, Colombia, and Thailand. That is also the reason why pangasius export value to the EU decreased continuously.
At the beginning of this year, pangasius export value to the EU is experiencing positive growth again, which is promising for many businesses that would like to return to this market. Although in the past few months, the export value of pangasius to many European countries has been downsized or interrupted, this is still considered a large and important market for Vietnamese enterprises. Compiled by Minh Trang
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
Shrimp has been the most important export product of Vietnam’s seafood industry for many years, typically accounting for 35–45% of the country’s total seafood export value. With a well-developed farming, processing, and export system, Vietnam has become one of the world’s leading shrimp exporters.
(seafood.vasep.com.vn) As geopolitical tensions in the Middle East continue to escalate, the global food market is facing increasing volatility in logistics costs, energy prices, and supply chains. In the seafood sector, alongside ocean-caught products such as tuna, the surimi-based product group—including fish cakes, crab sticks, fish balls, and other imitation seafood products—has also been affected to some extent by these developments.
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